Yum! Brands: Q3 EPS down 5%
(CercleFinance.com) - Yum! Brands reports Q3 2024 EPS excluding non-recurring items of $1.
37, down 5% y-o-y, while adjusted operating profit rose 3%. NB: pmt just positive.
The restaurant group reported system sales up 1% excluding currency effects. Sales were down 2% LFL, with declines of 4% for KFC and Pizza Hut, but symmetrical growth for Taco Bell.
While our sales have been impacted by pressures related to geopolitical conflicts and sluggish consumer sentiment, our iconic brands are positioned for unstoppable growth, Yum! Brands said.
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37, down 5% y-o-y, while adjusted operating profit rose 3%. NB: pmt just positive.
The restaurant group reported system sales up 1% excluding currency effects. Sales were down 2% LFL, with declines of 4% for KFC and Pizza Hut, but symmetrical growth for Taco Bell.
While our sales have been impacted by pressures related to geopolitical conflicts and sluggish consumer sentiment, our iconic brands are positioned for unstoppable growth, Yum! Brands said.
Copyright (c) 2024 CercleFinance.com. All rights reserved.